Belle Plaine, Le Sueur County, Minnesota Property Taxes

Name: Property Tax Bills Across Belle Plaine, Le Sueur County, Minnesota
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median Belle Plaine, MN effective property tax rate: 0.82%, significantly lower than the national median of 1.02%, but lower than the Minnesota state median of 1.11%.
Median Belle Plaine, MN home value: $419,950
Median annual Belle Plaine, MN tax bill: $3,497, $1,097 higher than the national median property tax bill of $2,400.

How are property taxes in Le Sueur calculated?

Property taxes in Belle Plaine, MN are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption.

Understanding Belle Plaine’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Belle Plaine, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Belle Plaine, Le Sueur County, Minnesota Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.82%

Estimate Property Tax Bill

$3,444

$3,196

Ownwell’s Belle Plaine Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Belle Plaine with just two data points. By entering your property's estimated assessed value, our calculator applies Belle Plaine’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by your county — reflects any exemptions you may have, ensuring a precise calculation for your property tax obligations. This insightful tool helps you understand potential tax liabilities and highlights how Ownwell can assist in reducing property taxes in Le Sueur County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Belle Plaine, Le Sueur County, Minnesota

Local government entities determine tax rates, which can vary significantly within a state. Annually, each county estimates its required budget to provide essential services and divides that by the total value of all taxable property in its jurisdiction. This calculation results in the property tax rate. While votes and laws play a role in setting these rates and budgets, this is the core of the annual process.

In Belle Plaine, located in Le Sueur County, MN, the effective property tax rate is notably competitive. When compared to other cities in Minnesota and the U.S., Belle Plaine's rate is below the national median of 1.02%, which can be an appealing factor for property owners. The lower tax rate can contribute to a more affordable cost of living, making it an attractive location for both residents and businesses. Understanding these rates helps property owners make informed decisions about where to live or invest, ensuring they get the best value for their money.

Property Tax Rates Across Belle Plaine, Le Sueur County, Minnesota

Source: Ownwell

0.82%

1.18%

1.53%

Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.

Median Effective Belle Plaine Tax Rate

0.82%

Median Effective Le Sueur County Tax Rate

1.14%

Median Effective Minnesota Tax Rate

1.11%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Belle Plaine, Le Sueur County, Minnesota

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
56011	0.35%	0.47%	0.82%	0.89%	0.92%

Source: Ownwell

Property Tax Assessment Values Across Belle Plaine, Le Sueur County, Minnesota

When examining property taxes in Belle Plaine, MN, understanding the distinction between "market value" and "assessed value" is crucial. The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The Le Sueur County appraisal district estimates the market value for tax purposes. The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill.

In Le Sueur County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of May. Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in Belle Plaine. For example, the median home price in Belle Plaine is $419,950, with tax bills ranging significantly across the county. Zip code 56011 has the highest median home price at $419,950.

Property Tax Assessment Values Across Belle Plaine, Le Sueur County, Minnesota

Source: Ownwell

$239,600

$350,275

$460,950

Median Belle Plaine Market Value

$419,950

Median Le Sueur County Market Value

$290,800

Median Minnesota Market Value

$290,400

Median United States Market Value

$235,294

Property Tax Assessment Values Across Belle Plaine, Le Sueur County, Minnesota

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
56011	$280,770	$354,125	$419,950	$705,200	$1,120,390

Source: Ownwell

Property Tax Bills Across Belle Plaine, Le Sueur County, Minnesota

In Belle Plaine, located in Le Sueur County, MN, property tax bills are determined by applying the local tax rate to the assessed value of a property. The tax rate is influenced by local government budgets and the total assessed value of all properties within the area. Homeowners in Belle Plaine face a median property tax bill of $3,497, which is significantly higher than the national median of $2,400. This disparity highlights the importance of understanding local property tax calculations and potential savings. The assessed value is determined by various factors, including property size, location, and market conditions. As property values rise, so do the tax obligations, impacting homeowners' financial planning. Ownwell offers valuable assistance by reviewing property assessments to identify discrepancies and filing appeals on behalf of homeowners. By leveraging expert knowledge, homeowners can potentially lower their property tax bills, ensuring they pay only their fair share. This service becomes especially crucial in areas with higher-than-average property tax rates.

Property Tax Bills Across Belle Plaine, Le Sueur County, Minnesota

Source: Ownwell

$2,360

$3,385

$4,410

Median Belle Plaine Tax Bill

$3,497

Median Le Sueur County Tax Bill

$3,200

Median Minnesota Tax Bill

$3,182

Median United States Tax Bill

$2,400

Property Tax Bills Across Belle Plaine, Le Sueur County, Minnesota

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
56011	$1,684	$2,626	$3,497	$4,464	$6,041

Source: Ownwell